functionally regulated affiliate

(2) Functionally regulated affiliate The term “functionally regulated affiliate” means, with respect to any depository institution, any affiliate of such depository institution that is— (A) not a depository institution holding company; and (B) a company described in any clause of section 1844(c)(5)(B) of this title .


12 USC § 1831v(c)(2)

Scoping language

For purposes of this section
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